The market has been high on Gaming and Leisure Properties Inc (GLPI) stock recently. GLPI gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
Gaming and Leisure Properties Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on GLPI!
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With GLPI Stock Today?
Gaming and Leisure Properties Inc (GLPI) stock is down -1.71% while the S&P 500 is up 0.8% as of 12:09 PM on Friday, Jul 29. GLPI is down -$0.90 from the previous closing price of $52.65 on volume of 736,001 shares. Over the past year the S&P 500 is down -6.72% while GLPI is up 8.86%. GLPI earned $2.20 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 23.55.
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More About Gaming and Leisure Properties Inc
Gaming and Leisure Properties Inc, or GLP, is a real estate investment property trust primarily involved in the leasing of gaming and related facilities to wholly-owned subsidiaries of Penn National Gaming, or Penn, throughout the U.S. GLP segments its operations into GLP Capital and TRS Properties divisions. The company derives the vast majority of its revenue from its GLP Capital unit in the form of rental income from dockside and land-based casinos located mostly in the American Midwest. Almost all of GLP Capital's leases are long-term agreements that give Penn the option for future extensions.
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